Friday, May 18, 2012

Short Takes: College Meltdown, Bleak Job Prospects, and more

Mark Cuban has a very interesting take on rising tuition costs and how the growth of student debt is affecting the economy. He believes that the current college system in the U.S. will melt down.

Rob Carrick published a letter from a young person struggling to find a first decent job. Whether you agree with the letter writer’s points or not, you do get a strong sense of the hopelessness that comes from not getting a chance to prove that you can work hard and do a good job.

Larry Swedroe examines the “sell in May” market timing strategy. A clear look at the numbers is illuminating.

Canadian Couch Potato explains why he has no faith in market timing strategies, even those that have tested well for decades.

The Blunt Bean Counter explains the laws affecting the types of conditions you can attach to gifts in your will. It never occurred to me to try to manipulate mt children from my grave, but I suppose many try.

Big Cajun Man came across an interesting TVO video with experts debating personal debt issues. Comments like “bite me” kept it lively.

Canadian Capitalist gives a sector breakdown of various equity indexes and portfolios.

Money Smarts shows that the odds don’t look good trying to come out ahead by selling your home to avoid the coming crash and later buying a new home at a lower price.

Preet Banerjee continues his podcast series Mostly Money Mostly Canadian.